home-finance

Own your home with more finance solutions

​​Own your home with more finance solutions

Now, you can get a Home Finance on your first home with easy solutions and more benefits:

Products

  1. Home and More
  2. Home Finance (Ijara)
  3. Quick Financing Approval
  4. Murabaha Home Finance
  5. Subsidy Finance

Features

  • 10% Down Payment
  • Sharia Complaint Financing
  • Quick Financing Approval
  • Longer Financing Tenor up to 30 Years.
  • Higher Financing Eligibility up to SAR 5 Million
  • Personal Finance can be availed up to 5 Years and in case of an existing finance, you can get a larger residential finance.
  • Annual Percentage Rate is 3.922% for Ijara products
  • Annual Percentage Rate is 6.211% for Murabaha products
  • Management fees equals to 1% of finance amount or SAR 5,000 whichever is less

Terms and Conditions

  • Shariah Compliant

    All of our programs are approved and monitored by Al Rajhi Bank's Shariah Board.

  • Borrowing Power

    The first step is to explore is the amount you can borrow. Typically, finance for an Investment Property is up to 5 times the annual income or rental of the property. If you use the additional annual to repay the loan, then you can borrow a larger amount.

  • Property Conditions

    Must be under 20 years old, fully constructed and have an independent title deed. The property should be located within an urban setting and be priced between SAR 1 million - 5 million.

How To Apply

  • Please visit your nearest Al Rajhi Bank branch
  • Call us at 8001241222
  • Apply Online
  • Terms and Conditions
  • For Saudi citizens only.
  • For government and private sectors which are approved by the bank.
  • Terms & Conditions of Al Rajhi Bank will Apply.

The bank is controlled and supervised by SAMA

FOR ENQUIRIES CALL:

+9668001241222
Frequently Asked Questions:
  • What happens if I want to sell the property before the financing is paid off?
    You would need to make an immediate repayment of the principle outstanding amount by way of early settlement and we would transfer the title in your name or to the person you requested.